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4002 Montclair St
Los Angeles, CA 90018
West Adams 20 Unit RTI Opp Zone Project · Land For Sale
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0.38 AC
Investment Highlights
- Opportunity Zone
- Oversized Corner Lot
- On Grade Construction
- Buildings Demolished
- Architecturally Significant Development
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.38 AC |
| Zoning | LAR3 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.38 AC |
| Zoning | LAR3 |
Description
Mont Clair 20 is an architecturally significant RTI project with 20 spacious units, courtyards, and common area recreation room. The Property is in an Opportunity Zone allowing investors to realize significant tax advantages to developing the Property. Located in the hot West Adams/Jefferson Park district on a 16,596 SF corner site. On-grade construction includes a 38 car garage on the first floor and three stories of apartment units above. Average unit size is over 1,000 sf . West Adams is a rapidly changing neighborhood with new restaurants, shops, and developments popping up throughout the area.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,873,000 | |
| Land Assessment | $2,759,140 | Total Assessment | $4,632,140 |
Property Taxes
Parcel Numbers
Land Assessment
$2,759,140
Improvements Assessment
$1,873,000
Total Assessment
$4,632,140
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